Dollarama (TSE:DOL – Free Report) had its target price upped by TD from C$225.00 to C$227.00 in a report issued on Friday morning,BayStreet.CA reports. TD currently has a buy rating on the stock.
Several other research analysts have also recently issued reports on DOL. National Bank Financial raised their target price on shares of Dollarama from C$203.00 to C$209.00 in a report on Friday. Desjardins lifted their price target on shares of Dollarama from C$205.00 to C$215.00 in a report on Friday. UBS Group cut their price target on shares of Dollarama from C$210.00 to C$191.00 in a report on Wednesday, March 25th. TD Securities cut their price target on shares of Dollarama from C$235.00 to C$225.00 and set a “buy” rating on the stock in a report on Wednesday, March 25th. Finally, BMO Capital Markets boosted their target price on shares of Dollarama from C$210.00 to C$221.00 in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$216.00.
Check Out Our Latest Analysis on DOL
Dollarama Trading Down 2.5%
Dollarama (TSE:DOL – Get Free Report) last issued its earnings results on Thursday, June 11th. The company reported C$1.11 earnings per share (EPS) for the quarter. Dollarama had a net margin of 17.65% and a return on equity of 95.90%. The firm had revenue of C$1.85 billion for the quarter. As a group, analysts predict that Dollarama will post 5.3295203 earnings per share for the current fiscal year.
Dollarama Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, May 8th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, April 17th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Dollarama’s payout ratio is 8.95%.
Dollarama News Summary
Here are the key news stories impacting Dollarama this week:
- Positive Sentiment: Several analysts raised their price targets on Dollarama after its quarterly results, with TD, BofA, Jefferies, CIBC, Scotiabank, BMO, Desjardins, National Bank Financial, Stifel, and Canaccord all lifting targets to levels above the current share price. The updated targets generally imply meaningful upside and reinforce a bullish view on the company’s earnings momentum. Article Title
- Positive Sentiment: Dollarama’s Q1 2027 results beat expectations, with EPS of C$1.11 on revenue of C$1.85 billion, highlighting steady demand for low-priced essentials and strong sales growth despite a cautious consumer backdrop. Article Title
- Positive Sentiment: Management said the quarter was “smooth” and reiterated resilience in the business, with sales reportedly surging over 20% as shoppers continued trading down to discount essentials. Article Title
- Neutral Sentiment: Broader TSX headlines noted Dollarama was helping lead index gains, suggesting investor interest in the name remains high after earnings, but this is more a reflection of market leadership than a new company-specific catalyst. Article Title
Dollarama Company Profile
Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.
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